| Located in the heart of Peterborough, this well-positioned fourplex offers strong immediate cash flow supported by reliable tenants. The property features a diverse unit mix consisting of one one-bedroom, two two-bedroom, and one three-bedroom unit, with the three-bedroom unit currently vacant and ready for lease at market rent. Once stabilized, the property is projected to achieve a 7.1% capitalization rate. Each suite operates on individual baseboard electric heating, with Unit 1 uniquely equipped with its own furnace. All units have separate hot water tanks, and hydro is separately metered, with sub-panels installed for Units 3 and 4. All tenants are responsible for their own utilities, minimizing operating costs and improving net performance.With its balanced unit mix, solid rental structure, and strong in-place income, this property represents a turnkey investment opportunity in a growing and well-established community, ideal for investors seeking dependable returns and long-term stability. |
| Price | $899,500 |
| Taxes: | $5247.00 |
| Tax Type: | Annual |
| Assessment Year: | 2024 |
| Occupancy: | Tenant |
| Address: | 541 Aylmer Street North , Peterborough, K9H 3W6, Peterborough |
| Postal Code: | K9H 3W6 |
| Province/State: | Peterborough |
| Legal Description: | PT LT 8, SOUTH OF LONDON STREET AND WEST |
| Directions/Cross Streets: | Aylmer St N / McDonnell St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 0.10 |
| Total Area Code: | Acres |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| EXP REALTY |
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| Book Showing | Email a Friend |
| Type: | Com - Investment |
| Area: | Peterborough |
| Municipality: | Peterborough |
| Neighbourhood: | Town Ward 3 |
| Tax: | $5,247 |
| Fireplace: | N |